Fees

Currently there is a .6% annual fee on redeeming. This fee can be changed by governance.

For example, if you are a coverage provider on a 3 months coverage than your fee on redemption would equate to 0.15%.

.6Percent/12Months=.05PercentPerMonth.6Percent/ 12 Months = .05PercentPerMonth
.05Percent3Months=.15Percent.05Percent *3Months=.15Percent